Analytical Overview: New Era Helium Inc (NEHC)’s Ratios Tell a Financial Story

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

As of close of business last night, New Era Helium Inc’s stock clocked out at $0.42, down -3.97% from its previous closing price of $0.43. In other words, the price has decreased by -$3.97 from its previous closing price. On the day, 0.82 million shares were traded. NEHC stock price reached its highest trading level at $0.4294 during the session, while it also had its lowest trading level at $0.4004.

Ratios:

To gain a deeper understanding of NEHC’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.51 and its Current Ratio is at 0.51.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NEHC now has a Market Capitalization of 10804874 and an Enterprise Value of 11666797. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.59. Its current Enterprise Value per Revenue stands at 22.012 whereas that against EBITDA is -0.912.

Stock Price History:

The Beta on a monthly basis for NEHC is 0.19, which has changed by -0.96302223 over the last 52 weeks, in comparison to a change of 0.20277917 over the same period for the S&P500. Over the past 52 weeks, NEHC has reached a high of $12.29, while it has fallen to a 52-week low of $0.42. The 50-Day Moving Average of the stock is -19.12%, while the 200-Day Moving Average is calculated to be -88.37%.

Shares Statistics:

It appears that NEHC traded 5.48M shares on average per day over the past three months and 853310 shares per day over the past ten days. A total of 13.95M shares are outstanding, with a floating share count of 5.58M. Insiders hold about 57.07% of the company’s shares, while institutions hold 2.38% stake in the company. Shares short for NEHC as of 1752537600 were 323944 with a Short Ratio of 0.06, compared to 1749772800 on 2308431. Therefore, it implies a Short% of Shares Outstanding of 323944 and a Short% of Float of 1.3300001000000001.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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